Catalys for large Brokers and Banks

Catalys is designed to address the cross-functional needs of medium-to-large Sell Side firms by providing them with a highly adaptive and totally integrated FIX environment. It is based on the financial industry’s most widely installed FIX engine, CameronFIX.

CameronTec’s customers represent some of the world’s largest Brokers with the most demanding technology requirements.

Catalys is an entire FIX ecosystem that brings together decentralized or scattered FIX infrastructure for transversal services including configuration, testing, monitoring and management. It is specifically designed for the requirements of Brokers today that are tasked with managing the complexities around regional and global environments.

Catalys can help firms achieve significant cost efficiencies when scaling multi-site businesses. At its core is a unique understanding of the FIX world that comes from a concentration of the world’s largest FIX deployments.

Catalys provides Brokers and Banks with additional enhancements and functionality they require to …

  • Better serve and attract new customers
  • Retain and attract new order flow while easily handling increased volumes
  • Connect with ease to all counterparties and access FIX dialects for any non-standard connections
  • Seek out new innovation to reduce cost
  • Integrate easily with internal systems and streamline processes
  • Reduce latency and achieve predictable, consistent low levels
  • Effectively manage many connections and optimize connectivity
  • Manage risk efficiently
  • Foster inter-application communication and collaboration with reliable, industry standard Enterprise links
  • Maximize ROI
  • Cut customer on-boarding time by half with automated certification tools
  • Plug a FIX engine into the back office, reporting, and in-house systems for more seamless dissemination of trading data
  • Change rules safely in run-time

Resources

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For more information on Catalys for Brokers and Banks, please download the PDF.

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Catalys for Brokers and Banks
(US Letter) [356KB]

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Catalys for Brokers and Banks
(A4) [348KB]

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Catalys 2.0 Highlights
(US Letter) [406KB]

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Catalys 2.0 Highlights
(A4) [369KB]

Catalys Market Differentiators:

  • A unique and inclusive infrastructure model that combines the flexibility of open framework and industry standards with superior functionality delivered transversally through modular services.
  • The convergence of FIX business data with other critical data, such as performance metrics, testing results and configuration parameters, to form a unique platform enabling the delivery of business intelligence and monetized insight.
  • 14 years of FIX excellence delivering latest innovation for the trading backbone – a new paradigm that transcends the legacy OMS/EMS/connectivity model.
  • Powerful, extensible and unique developer testing tools for a faster and more rigorous development lifecycle and migration, by allowing end-to-end control of interconnected systems including in-house software, runtime FIX configuration and FIX message testing capabilities from a central, powerful scripting framework.

FIX Trading Backbone:

Financial firms worldwide increasingly require a trading platform that does not revolve around an Order Management System. Orders today are routed from an OMS and processed through internalizers or dark pools. They fragment into slices under the direction of increasingly sophisticated execution algorithms, hitting multiple executions venues via smart routers and complex event processing platforms — all at increasingly fast speeds.

The traditional OMS cannot handle demanding levels of execution flow and actually gets in the way of the necessarily sophisticated routing decisions for these. The emerging architectural preference therefore is for a trading platform centered on an open connectivity backbone that is capable of:

  • handling increased volumes
  • providing performance triggers to capture trading opportunities, and
  • seamless integration with a complex set of specialized decision-making tools to deliver optimal trading effectiveness
Diagram: Manage Data Flow around the FIX Flow

Manage Data Flow around the FIX Flow

Firms are under greater commercial and regulatory pressure to process a larger field of data beyond the parameters of the FIX protocol. Performance data related to latency and throughput are as critical to trading analysis and strategies as the orders and the execution data.

The ability to capture, manage and report the mass of peripheral data is a first-level requirement of FIX deployments today:

  • Configuration data to ensure clients can trade as planned
  • Performance data to represent and report on performance
  • Operational data to inform a user base rendered larger by rounds of infrastructure consolidations
  • Synergistic aggregations on the status of trading backbones

Catalys translates all the data to intelligence to help firms detect and capture a greater level of market opportunities, in turn better serving their customers.

High Performance High Availability

Distributing data in real-time contributes a degree of complexity as well as latency. Unlike other HA solutions, Catalys delivers a solution that is flexible enough to allow trade-offs between optimal performance and data integrity in a variety of topologies.

With Catalys HA firms can operate multiple, dispersed replicating cluster servers with improved synchronization for tighter control and avoiding the need for expensive third-party clustering add-ons.

Minimize disruption and recovery time caused by hardware or software failure and enjoy a continuous FIX service. Catalys HA provides complete protection of all FIX sessions, associated message processors and trading infrastructure connections.

Transparency for Optimized Performance

Without performance, FIX won’t go far. Firms of all sizes need optimal performance and control over real life trading activities. Catalys provides a framework to locate performance bottlenecks / outliers and provide statistical views of performance metrics of all key variables.

Pluggability

Like CameronFIX, Catalys is based on a component model with the FIX and FAST libraries at its core. Pluggable implementations then provide the various functions and services around these. The infrastructure is complemented by a large selection of technology adapters for optimal integration.

A Powerful API

Catalys nodes and services are entirely managed and configured via JMX. They are built to provide the scalability of a global management infrastructure through a single API.

5 Signs that signal your FIX Deployment is past due its FIX Ecosystem Backbone

  1. Your FIX infrastructure includes hubs and co-located engines in different locations, or multiple FIX engines for horizontal scaling.
  2. Performance and status reporting are part of your value proposition and central to your offering.
  3. You need to modify your FIX configuration more than once a week or at runtime.
  4. Your infrastructure is up outside your local trading hours.
  5. Your production systems suffer from outages due to errors that should have been caught in testing.

Migrating to Catalys can be Painless

If you are an existing CameronFIX customer, Catalys provides migration scripts that make a transition relatively smooth. If you use other FIX engines, you will find the embedded Catalys rules engine and other modules can address many requirements with no development involved and in much less time than you might expect. Furthermore, under our guidance many CameronTec partners assist in optimizing deployments and architectures in regions where we are not present.